What’s really driving the economy—and how should investors think about it? In this podcast, John & Sam exchange perspectives on current events that are impacting our economy and influencing investment strategies. Trading Perspectives is hosted by Oakworth Capital Bank's Chief Investment Officer, John Norris along with Sam Clement, Associate Managing Director.
*Oakworth Asset Management is a registered investment advisor. All advisory services, including investment management and financial planning, are offered through Oakworth Asset Management, LLC, which is owned by Oakworth Capital Bank, member FDIC, Equal Housing Lender. Investment products and services offered via Oakworth Asset Management, LLC are independent of the products and services offered by Oakworth Capital Bank and are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE. The information, opinions, comments, statements, views or recommendations expressed should not be considered professional, tax or legal advice; or as an offer to buy or sell or to make or consider any investment or course of action. https://www.oakworth.com/ tradingperspectives@oakworth.com📄 Disclosures: oakworth.com/policy-center Member FDIC. Equal Housing Lender. Investments may lose value and are not bank guarantee.
Oct 6, 2020
Although the economy hasn’t quite gotten back to where it was prior to the pandemic, it has rebounded pretty nicely. However, when you peel back enough layers of the onion and look under enough rocks, you get the impression it might be getting exhausted. Continued restrictions and partial lockdowns to stem the spread of the virus are inhibiting the free functioning of the economy. This is a problem now that a lot of the initial relief money is gone. So much so, Fed Chairman Powell has used the word ‘tragic’ to describe what could happen to the US economy if fiscal policy doesn’t change, and soon. Is it really that bad? John and Sam hash it out in today’s podcast.